What are the frontiers of research in monetary policy, and what are the key questions that remain unanswered?

... policy. Impulse response of unemployment rates for high and low-skill workers show low-skill workers bear a greater burden of contractionary monetary policy ... Jan 13, 2025 ... Contractionary monetary policy has the opposite effect on GDP, employment, and inflation. The. Fed chooses whether to make monetary policy. A contractionary monetary policy will raise interest rates, discourage borrowing for investment and consumption spending, and cause the original demand curve ( ... A contractionary monetary policy is a type of monetary policy that is intended to reduce the rate of monetary expansion to fight inflation. A rise in inflation ... Contractionary monetary policy is one of the two types of monetary policy and can be defined as actions taken by the central bank in order to close an ... What is monetary policy? We call our work to influence interest rates and the amount of money in the economy monetary policy. Contractionary monetary policy systematically increases inequality in labor earnings, total income, consumption and total expenditures. Furthermore, monetary ... Jun 12, 2024 ... ... monetary policy and the monetary-fiscal policy ... In particular, sluggish aggregate demand driven by contractionary monetary policy may penalise ... Aug 17, 2022 ... “Contractionary monetary policy runs the risk of quietly worsening racial and gender gaps with or without a widespread recession.” Inflation on ... Keywords: Monetary policy, collateral constraints, currency mismatches, carry trade, spillovers. Page 2. BIS Working Papers are written by members of the ...